Here’s one plan from the Federal government for a coronavirus re-opening
The Washington Post has published an early draft from FEMA (Federal Emergency Management Agency) and the CDC (Centers for Disease Control and Prevention) of a Federal government plan to re-open the U.S. economy. It's not the final draft, and the version the Post saw...
What do you do when the market is insane and you’re not?
In the short run rationality is not an especially adaptive trait for an investor. Remember that. Take today's market for example. JPMorgan Chase (JPM) and Wells Fargo (WFC) delivered very sobering news on how the coronavirus and the coronavirus shutdown of big hunks...
Notes You Need for April 14: Grubhub, India manufactures shut, DAL, airline bailout, GOOG, FB, digital ad drop, movie theatre, Macao gaming, PayPal
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
India clamps down hard
India has just extended its coronavirus lockdown through May 3. The lockdown prohibits citizens from leaving their homes for any reason but to buy food or medicine or in an emergency. It has left the country's huge population of migrant workers trapped without their...
Special Report Part 2: Calls to “re-open the economy” increase–what’s my investing strategy for that?
President Donald Trump has made it clear that his preference is to re-open the economy by May 1. Administration officials including economic advisors Larry Kudlow and Peter Navarro, and Attorney General William Barr have taken to repeating the mantra "The cure can't...
Markets have a case of the earnings season “nerves” today
As of 1 p.m. New York time the Standard & Poor's 500 is down 1.88% and the Dow Jones Industrial Average is off 2.14%. The NASDSQ Composite is lower by 0.79% and the Russell 2000 small cap index has tumbled 2.80%. The iShares MSCI Emerging Markets ETF (EEM) has...
Oil deal gets a shrug from the oil markets
This take from Goldman Sachs pretty much sums up the oil market's reaction to Sunday's agreement among OPEC+, the United States, Canada, Brazil, and various and sundry G20 oil producers to cut what could be generously calculated as 14.7 million barrels a day from the...
Trick or Trend: Is Sunday’s oil deal enough? Probably not
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Sunday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Do this...
Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
...the monthly retail sales numbers for March from the Commerce Department to show how the beginning of the coronavirus recession hit retailers. Headline retail sales are expected to have plunged 8% during the month, down from a 0.5% decline in February, according to...
The deluge of cuts to earnings estimates has started–but Wall Street remains optimistic–perhaps too optimistic–on Q1 estimates
I opened my online brokerage account yesterday to see an endless stream of news briefs about Wall Street analyst cuts to earnings estimates for the first quarter earnings season that begins next week with earnings from JPMorgan Chase (JPM) and Wells Fargo (WFC) on...
Here’s why I’m so worried about coronavirus in developing economies: Nigeria’s new coronavirus intervention fund is just $1.2 billion
Nigeria has now reported 232 cases of the coronavirus and five deaths. In an effort to control the virus, Nigeria has restricted all movement and ordered businesses and offices closed in Lagos and Abuja, the country's to main cities, for an initial two weeks. Nigeria...Jim’s Stock Alerts
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